'Key growth engine': IMF hails India's economy; downplays Trump tariff impact
IMF chief Kristalina Georgieva hailed India as a “key growth engine” of the global economy. She also said that the global economy is faring better than feared, but warned resilience may not last amid Trump-era tariffs, rising debt, and global uncertainty. Despite US-imposed tariffs, India recorded 7.8% GDP growth in Q1 FY 2025–26, driven by consumption and investment.
IMF chief Kristalina Georgieva hailed India as a “key growth engine” of the global economy. She also said that the global economy is faring better than feared, but warned resilience may not last amid Trump-era tariffs, rising debt, and global uncertainty. Despite US-imposed tariffs, India recorded 7.8% GDP growth in Q1 FY 2025–26, driven by consumption and investment. What's Your Reaction?
